Amazon reported Q3 revenue of $201.9 billion, with AWS revenue up 39% year-over-year. According to Amazon's official announcement, net sales in the third quarter increased by 12% year-over-year to $201.9 billion; operating profit was $28.1 billion, with an operating margin of 13.90%, a record high; net income was $20.7 billion, or $1.89 per diluted share, compared to $21.2 billion and $1.95 respectively in the same period last year. AWS sales increased by 39% year-over-year to $46 billion, with operating profit of $17.8 billion. Amazon expects fourth-quarter net sales to be between $240 billion and $247 billion, and operating profit to be between $28.5 billion and $33.5 billion, while maintaining its 2026 capital expenditure forecast of approximately $220 billion. Following the earnings release, Amazon (AMZN) shares fell more than 7% in after-hours trading.